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ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained to the american people in congress how they're trying to do their actual jobs. >> these are bills that are racked up. and we need to pay them. so while i'm willing to find compromise on how to pay our debts, americans should not be stopped from paying the bills we racked up. >> the country will be in a dire situation. president obama knows t
ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or...
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Dec 7, 2012
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the question is whether they want to go through the political cliff on this and the debt ceiling. first of all, the top tax rates are going up. it's going to happen on january 1st. let's say they don't make a deal. the president comes back and says, okay, i propose to cut tacks for the middle class. they are going to vote against that? they are going to be the party of higher tacks for the middle class? and then they are going to say -- and i can't believe this is the essence of their position -- we might make a deal with you if you really cut medicare deeply. that was senator bob corker's message. what kind of political positioning is this and there was an election and obama and senator demint was on fox and more power in the senate than he did in. now watch this. >> this is a dream job for me. it critically important. i don't think republicans are going to win another national election until they first convince americans that our principles work. i think i'm in a more powerful position than a single united states senator. >> being in the minority is no fun but that's a pretty pa
the question is whether they want to go through the political cliff on this and the debt ceiling. first of all, the top tax rates are going up. it's going to happen on january 1st. let's say they don't make a deal. the president comes back and says, okay, i propose to cut tacks for the middle class. they are going to vote against that? they are going to be the party of higher tacks for the middle class? and then they are going to say -- and i can't believe this is the essence of their position...
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Jul 21, 2011
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ceiling unless, don't raise the debt ceiling until, they are saying don't raise the debt ceiling at all. let's see what happens. this is how republican congresswoman michele bachmann's first presidential campaign ad ended. >> i will not vote to increase the debt ceiling. i'm michele bachmann, and i approve this message. >> i will not -- that was how the first ad for michele bachmann's campaign ended. this, today, is how her second presidential campaign ad starts. >> i will not vote to increase the debt ceiling. >> i will not -- again, it's not -- i will not unless or i will not until. it's just i will not. just the answer is no. it's like -- you know what it's like? like that moment in the rupert murdoch testimony in the british parliament yesterday. we played this on the show. there's no more perfect representation from the republican position than this clip from the murdoch testimony. watch. >> when were you informed about the payments made to gordon taylor and max clifford? >> nope. >> no? when were -- was that a yes or no -- it was not a yes or no. no. the answer is no. doesn't
ceiling unless, don't raise the debt ceiling until, they are saying don't raise the debt ceiling at all. let's see what happens. this is how republican congresswoman michele bachmann's first presidential campaign ad ended. >> i will not vote to increase the debt ceiling. i'm michele bachmann, and i approve this message. >> i will not -- that was how the first ad for michele bachmann's campaign ended. this, today, is how her second presidential campaign ad starts. >> i will not...
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flirting with the debt ceiling and with default. we have another deadline approaching in february and march about raising the debt ceiling. has the u.s. reemerged as a global economic leader, or is it still acting irresponsibly? >> it is the economic leader, let's face it, given the size of the economy and below potential but still reasonable growth that is picking up now. the budget deal that was gotten at year end is a very good sign of responsibility, accountability and realism. i, for myself, certainly hope that in february congress will be equally responsible and will not threaten the recovery with yet another debate about whether or not the u.s. will honor or default in february. >> as a woman in power, you think a lot about these issues, about women in power around the world. a headline here significantly, mary berra now running general motors. perhaps a big deal was it wasn't a big deal that she has come up through the country. there are still only 5% of ceos in the fortune 500 who are women. but it's not just ceos, there ar
flirting with the debt ceiling and with default. we have another deadline approaching in february and march about raising the debt ceiling. has the u.s. reemerged as a global economic leader, or is it still acting irresponsibly? >> it is the economic leader, let's face it, given the size of the economy and below potential but still reasonable growth that is picking up now. the budget deal that was gotten at year end is a very good sign of responsibility, accountability and realism. i, for...
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but they got a relatively clean debt ceiling hike out of it. and the same thing happened at the beginning of 2013. so i guess the white house feels pretty emboldened by this. in the past standoffs it's been the republican party that's shouldered the majority of the blame. >> it absolutely should not be negotiated. i'm glad to hear the president saying it in no uncertain terms. i think he absolutely has the power to not negotiate. e.j., do you expect him to hold to that position? >> i do, for the reason sam said. summer of 2011 was a real disaster for the president. he ended up looking very weak out of the process. he agreed to this terrible sequester, which is still crimping his ability to do a lot of the things he wants to do. i think he'll hold to that. i don't think that rules out some symbolic gesture that some democrats would work out with republicans. but if for some reason boehner actually backs up that second statement you read earlier with something substantive, then we could face a real problem. it's crazy, i suppose ever to predict t
but they got a relatively clean debt ceiling hike out of it. and the same thing happened at the beginning of 2013. so i guess the white house feels pretty emboldened by this. in the past standoffs it's been the republican party that's shouldered the majority of the blame. >> it absolutely should not be negotiated. i'm glad to hear the president saying it in no uncertain terms. i think he absolutely has the power to not negotiate. e.j., do you expect him to hold to that position? >>...
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why would they lose that feeling that, in fact, using the debt ceiling as some leverage is a worthwhile concept? if nothing else, they kept the sequestered cuts in place for now. >> well, david, first of all, i think the debt ceiling is a misnomer. we've never not increased it, and the first thing you do when you're addicted to something is to present the reality to yourself that you're addicted. and we didn't do anything except create a big mess in washington, and i'm not so inclined to think it was the tea party as much as it was outside interest groups and a few individuals within our party that took advantage of that situation. look, the real problems are we're continuing to spend money we don't have on things that we don't need, there is tremendous amounts of waste and fraud. we have to protect the promises made to the american people, and we can do that, but we can do that spending a whole lot less money than we're doing today. >> let me ask you about obama care, because that fight does not appear to be going away. your colleague, senator ted cruz, has said that he would do anythi
why would they lose that feeling that, in fact, using the debt ceiling as some leverage is a worthwhile concept? if nothing else, they kept the sequestered cuts in place for now. >> well, david, first of all, i think the debt ceiling is a misnomer. we've never not increased it, and the first thing you do when you're addicted to something is to present the reality to yourself that you're addicted. and we didn't do anything except create a big mess in washington, and i'm not so inclined to...
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after the debt ceiling bill passed, "the onion" ran this, "obama, debt ceiling deal required tough concessions by both democrats and democrats alike." and the next day, "obama turns 50 despite republican opposition." "the onion" also has a television show. here's a segment that ran on "the onion" news network. >> president obama cannot shake the rumors he does not love his dog, beau. it started weeks ago as to why president obama was rarely photographed with the dog given to the family in 2009. >> of course, the president loves bo, very much. he scratches behind his ears, rubs his belly, calls him a good boy multiple times per day. >> dog hater. >> joining me now, u."the onion digital director, baratunde thurston. thanks so much for joining me. >> thanks for having me, first of all, you're doing a great job in the seat. i feel you're msnbc's substitute teacher except the students love it when you show. i think you're doing wonderfully, we're matching. i asked for a chalkboard but they said it was too glenn beck. >> you can do whiteboards, holograms, projectors, powerpoint. >> overhead projecto
after the debt ceiling bill passed, "the onion" ran this, "obama, debt ceiling deal required tough concessions by both democrats and democrats alike." and the next day, "obama turns 50 despite republican opposition." "the onion" also has a television show. here's a segment that ran on "the onion" news network. >> president obama cannot shake the rumors he does not love his dog, beau. it started weeks ago as to why president obama was...
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about the debt ceiling and all of this. we have real struggles. real issues. let's talk about the very real struggles michiganders, that americans are facing today. and the republicans are tone deaf. i guess because they're out picking out their next vehicle. if they buy a cadillac, i hope they buy a lansing-made one. we need to address the real issues so everyone can afford to be a part of this economy. >> mayor virg, i told you last time, work on your passion and bringing out your points with some power. you are getting better. >> thank you so much. always a pleasure to have you on. >>> still ahead -- jeb bush has a warning for republicans about all those attacks on president obama. >>> plus -- the stars are arriving any minute. who will take home this year's rev carpet award? stay with us. ng your way to retirement, get on e-trade. set up a real plan. frank! oh wow, you didn't win? i wanna show you something... it's my shocked face. [ gasps ] [ male announcer ] get a retirement plan that works... at e-trade. without the
about the debt ceiling and all of this. we have real struggles. real issues. let's talk about the very real struggles michiganders, that americans are facing today. and the republicans are tone deaf. i guess because they're out picking out their next vehicle. if they buy a cadillac, i hope they buy a lansing-made one. we need to address the real issues so everyone can afford to be a part of this economy. >> mayor virg, i told you last time, work on your passion and bringing out your...
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>> well, i think he understands just how catastrophic, you know, not -- us breaching the debt ceiling would absolutely be. and i think he also understands the level of resolve that harry reid, nancy pelosi, and this president have shown over recent days. he understands that and he's going to break the hastert rule. he bought to break that rule right now. he ought to get some moral courage and put republicans and democrats together on the floor of the house tonight and reopen this government. he can show that courage right now. and then we can talk about how to tweak and make the affordable care act better later. the fact of the matter is this law has been vetted by the supreme court. it has been vetted by the american people. it has been vetted by both houses of congress. and it is the law of the land. >> i see you're nodding your head, governor, and a little amen i even heard. >> absolutely. goldie is so right. and the irony of this all is that the act is rolling out. its implementation is rolling out. and americans are flocking by the millions to sign up. and that ought to be a mess
>> well, i think he understands just how catastrophic, you know, not -- us breaching the debt ceiling would absolutely be. and i think he also understands the level of resolve that harry reid, nancy pelosi, and this president have shown over recent days. he understands that and he's going to break the hastert rule. he bought to break that rule right now. he ought to get some moral courage and put republicans and democrats together on the floor of the house tonight and reopen this...
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not raising the debt ceiling and getting a downgrade would be bad for president obama, and they are always going to come down on the side of what they think is bad for president obama. >> let them default. >> really? >> let them go. >> you're a brave guy. >> what's going to happen? armageddon is going to happen. >> we don't deserve a aaa rating. >> don't we deserve, matt welsh, a bond rating lesser than aaa? we don't pay our money back from our wealth, we don't pay our debts from our wealth, we borrow money in order to pay our debts. how can any bond raters give us a good bond rating since that's been the practice since world war ii? >> the united states of america doesn't deserve and ought not deserve a aaa rating and shall lose it shortly. >> absolutely. >> such patriots. they asked for it, they got it. >>> still ahead in this hour, politico reported today the obama campaign has a new strategy, make people think willard romney is weird and socially awkward. like that's going to be hard. that's next. >>> and later, republican presidential candidate rick santorum tries to draw a com
not raising the debt ceiling and getting a downgrade would be bad for president obama, and they are always going to come down on the side of what they think is bad for president obama. >> let them default. >> really? >> let them go. >> you're a brave guy. >> what's going to happen? armageddon is going to happen. >> we don't deserve a aaa rating. >> don't we deserve, matt welsh, a bond rating lesser than aaa? we don't pay our money back from our wealth,...
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there was this whole debt ceiling crisis where they were about to default on american debt and send the entire global economy into a tailspin. and that's how we ended up with the sequester. now, if i remember rightly, it wasn't the president's idea to play around with default. but i could be wrong. i mean, what do i know in. >> and i thought that the president outsmarted those guys at the time. boehner is now retroactively trying to admit that after having said he got 98% of what he wanted. >> right. he wants to blame the president for a solution to, as richard said, the problem he created and this is not the natural order of things. i mean, lawrence, you showed the tape today that i thought was very important of boehner basically saying, hey, it's all in the dems. it's all in the senate. and if you go to thesource.com, opposition does not always equal obstruction or doing nothing. i mean, newt gingrich who i don't hold up as a great example of much at least had the courage of his convictions to get out there and pass bills. that's not what these guys are about. they're about obstructio
there was this whole debt ceiling crisis where they were about to default on american debt and send the entire global economy into a tailspin. and that's how we ended up with the sequester. now, if i remember rightly, it wasn't the president's idea to play around with default. but i could be wrong. i mean, what do i know in. >> and i thought that the president outsmarted those guys at the time. boehner is now retroactively trying to admit that after having said he got 98% of what he...
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ceiling thing. in 2011, there was not a single republican in congress in the house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she says she disagrees threatening the country with default. quote, murkowski is breaking rank, saying the country has a duty to assure it pays its bills. murkowski said not all of her colleagues in the senate will say it out loud, but she believes most agree that failing to raise the debt limit would harm perception of the country. quote, if you incur an obligation, you have a responsibility to pay for that, murkowski said. time is goin
ceiling thing. in 2011, there was not a single republican in congress in the house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of...
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ceiling made him look weak. he started making an argument, and he's made it quite consistently, with a kind of discipline that he hadn't had before. he doesn't like to repeat the same speech. he stayed on it. and then you have this republican primary, and whatever comes out of this, i think the image of the republican party has been weakened by the nature of this fight, and the problems of herman cain and the problems of rick perry. i think it's not a permanent thing, but it un >> let me look quickly at our "trend tracker," the top political stories that are trending this morning. the romney endorsement big, the iraq war ending, which we've covered through the hour, and the tax cut that will play out early today and through the early part of the week. thank you both, as always, and happy holidays. >> you, too. >> before we go, be sure to watch our "press pass" conversation on our blog. this week, the intersection between the politics and the art. i spoke with holland taylor, a actress who started major roles on
ceiling made him look weak. he started making an argument, and he's made it quite consistently, with a kind of discipline that he hadn't had before. he doesn't like to repeat the same speech. he stayed on it. and then you have this republican primary, and whatever comes out of this, i think the image of the republican party has been weakened by the nature of this fight, and the problems of herman cain and the problems of rick perry. i think it's not a permanent thing, but it un >> let me...
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ceiling crisis, it isn't because he wants a debt ceiling crisis. it's because republicans are going to make this demands on government to slash it some more, that he thinks and that a lot of people think, would be very bad for the economy. and he's also trying, i don't know if he can help, but he's actually trying to say, look, there are some republicans, look at the senate over there, who would actually like to govern the way we used to govern ourselves. instead of having government by sabotage, which is essentially what's been happening on obama care and a lot of other issues. >> he's also reminding everyone where the center of the governing playing field is. everything he talked about was something that at some point in our past has been supported by republicans and democrats. there wasn't anything that was out there on the edge of the left or the democratic party there. it was all mainstream stuff. >> right, it was all mainstream but in the broad, progressive tradition in the party. just for you, lawrence, i went back and looked at daniel patri
ceiling crisis, it isn't because he wants a debt ceiling crisis. it's because republicans are going to make this demands on government to slash it some more, that he thinks and that a lot of people think, would be very bad for the economy. and he's also trying, i don't know if he can help, but he's actually trying to say, look, there are some republicans, look at the senate over there, who would actually like to govern the way we used to govern ourselves. instead of having government by...
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if -- what happens to republicans who go along with a debt ceiling increase? if they go along with the debt ceiling increase without a balanced budget amendment and the kind of stuff you're talking about? >> i think for the most part they're gone. it would be the most toxic vote we could take. >> demint's far right ideology is a key reason nothing gets done in this congress. house speaker john boehner is currently being pressured by demint and his followers to refuse any debt deal with tax increases. demint was on rush limbaugh's radio show today with heritage president ed feulner. life isn't going to get any easier for john boehner, i can tell you that. >> jim is a real man of ideas as well as a man of courage in the senate. >> well, i think it's safe to say boehner is not forcing either of you guys out, right? >> that's pretty true. >> it might work the other way, rush. >> jim demint's defection is just the latest sign of a republican party simply in shambles. seems to me there's a civil war inside the party of grover norquist as well. you'll notice that onl
if -- what happens to republicans who go along with a debt ceiling increase? if they go along with the debt ceiling increase without a balanced budget amendment and the kind of stuff you're talking about? >> i think for the most part they're gone. it would be the most toxic vote we could take. >> demint's far right ideology is a key reason nothing gets done in this congress. house speaker john boehner is currently being pressured by demint and his followers to refuse any debt deal...
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dionne, i think the country lost a lot in that terrible logjam over the debt ceiling. >>> up next, pastor robert jeffress, a supporter of rick perry still, has called mormonism a cult, that's a kind word from him, i'm sarcastic. and now he's found similar things to say about the roman catholic church, calls it a fake church. i guess he's deciding on all these things now. we'll have a little conversation abouout him cocoming up p in a cououple of minututes. here he e is on "hardball," only on msnbc. my washer had a foul odor that made the whole room stink. even my laundry started to get a funny smell. [ female announcer ] got a bad odor in your high-efficiency washer? clean it with tide washing machine cleaner. three uses will help remove odor-causing residues and leave your washer clean and fresh. to help maintain your h.e. washer, use tide washing machine cleaner once a month. and always wash with tide h.e. detergent, specially formulated for proper h.e. performance. tide washing machine cleaner. clean laundry starts with a clean washer. a republican lawmaker in wisconsin wants to split
dionne, i think the country lost a lot in that terrible logjam over the debt ceiling. >>> up next, pastor robert jeffress, a supporter of rick perry still, has called mormonism a cult, that's a kind word from him, i'm sarcastic. and now he's found similar things to say about the roman catholic church, calls it a fake church. i guess he's deciding on all these things now. we'll have a little conversation abouout him cocoming up p in a cououple of minututes. here he e is on...
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dionne, i think the country lost a lot in that terrible logjam over the debt ceiling. >>> up next, pastor robert jeffress, a supporter of rick perry still, has called mormonism a cult, that's a kind word from him, i'm sarcastic. and now he's found similar things to say about the roman catholic church, calls it a fake church. i guess he's deciding on all these things now. we'll have a little conversation about him coming up in a couple of minutes. here he is on "hardball," only on msnbc. ♪ ♪ [ male announcer ] with 50 horsepower, dual overhead cams and fierce acceleration, the gator xuv 825i will shatter your expectations. ♪ and so no one gets left behind, check out our all-new, affordable xuv 550s at johndeere.com/gator. a republican lawmaker in wisconsin wants to split up the state's ten electoral votes by congressional district, this undercutting, thereby undercutting president obama's advantage in the democrat-leaning state. the proposal is similar to the one we saw in pennsylvania, whereby president obama would only win electoral votes from the congressional districts he wins. a
dionne, i think the country lost a lot in that terrible logjam over the debt ceiling. >>> up next, pastor robert jeffress, a supporter of rick perry still, has called mormonism a cult, that's a kind word from him, i'm sarcastic. and now he's found similar things to say about the roman catholic church, calls it a fake church. i guess he's deciding on all these things now. we'll have a little conversation about him coming up in a couple of minutes. here he is on "hardball,"...
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dionne, i think the country lost a lot in that teible logjam over the debt ceiling. >>> up next, pastor robert jeffress, a supporter of rick perry still, has called mormonism a cult, that's a kind word from him, i'm sarcastic. and now he's found similar things to say about the roman catholic church, call s it a fae church. he's deciding on all these things. we'll have a little conversation about him coming up in a couple of minutes. here he is on "hardball," only on msnbc. [ male announcer ] whether over a cup of maxwell house... or a can of paint... you came together to vote, to share... to volunteer. and now, thanks to you, 10 communities have more to smile about. what's next? tell us on facebook. gomery and what's next? abigail higgins had... ...a tree that bore the most rare and magical fruit. which provided for their every financial need. and then, in one blinding blink of an eye, their tree had given its last. but with their raymond james financial advisor, they had prepared for even the unthinkable. and they danced. see what a raymond james advisor can do for you. >>> here we go.
dionne, i think the country lost a lot in that teible logjam over the debt ceiling. >>> up next, pastor robert jeffress, a supporter of rick perry still, has called mormonism a cult, that's a kind word from him, i'm sarcastic. and now he's found similar things to say about the roman catholic church, call s it a fae church. he's deciding on all these things. we'll have a little conversation about him coming up in a couple of minutes. here he is on "hardball," only on msnbc. [...
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ceiling in a way that they didn't have to and forced mitch mcconnell to cast that vote. but i've got to say, if mitch mcconnell is known for anything in kentucky, it has to be opposition to everything president obama thinks about. >> right. but you know, with the republican base, the right-wing part of the republican base that bevin is trying to get, that kind of ad works very well. the notion that he'll never raise the debt ever, that means he won't be able to vote for any budget since we're going to be in deficit for a long time. it doesn't matter to that part of the constituency -- that part of the republican party. i think mcconnell has enough going for him both because of how anti-obama he has been, and on the other side people who hate spending nonetheless love all the money he's brought to kentucky. and that's going to be his calling card, ironically, is how much -- how many dollars he's brought to kentucky from other taxpayers. >> let's listen to alison grimes' defense against the kentucky charge that she's just an obama girl. >> national republicans have cast yo
ceiling in a way that they didn't have to and forced mitch mcconnell to cast that vote. but i've got to say, if mitch mcconnell is known for anything in kentucky, it has to be opposition to everything president obama thinks about. >> right. but you know, with the republican base, the right-wing part of the republican base that bevin is trying to get, that kind of ad works very well. the notion that he'll never raise the debt ever, that means he won't be able to vote for any budget since...
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to go to the republicans who will not want to raise the debt ceiling. and so sadly, mika, it looks like we'll have to get through another election year without any real movement on the budget, on the deficit, on taking care of long-term debt. >> long-term health of this country. up next, the new issue of "town and country" magazine takes an inside look at what's considered the wealthiest sector of the greek society and are they capable of making the kind of investment that could save their country and westminister dog show kicks off tonight. >> i love that. >> we'll bring in the man who has hosted the show for the past two decades. but first, why is he back? >> i don't know. >> i thought it was over. >> i thought he was gone. >> i told you i was uncok uncomfortable. >> are you guys done? finished? good? okay. no problem. i got it from here. good morning, everyone. we are watching temperatures that are cold in the east. snow in the middle of the country. not a big storm but a lot of areas will see light snow today including much of arkansas, almost all o
to go to the republicans who will not want to raise the debt ceiling. and so sadly, mika, it looks like we'll have to get through another election year without any real movement on the budget, on the deficit, on taking care of long-term debt. >> long-term health of this country. up next, the new issue of "town and country" magazine takes an inside look at what's considered the wealthiest sector of the greek society and are they capable of making the kind of investment that could...
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the debt ceiling. right back into it. look, you covered the government shutdown. you know as well as anyone what damage that did to conservatives or the republican brand. hard to imagine they'd get back into that with a big debt ceiling fight. on the other hand, you did have the saber-rattling so we'll have to see. >> jared, let's just talk about unemployment insurance benefits, 1.3 million americans are going to see their benefits expire. here's what harry reid has to say about this. e he wants to get that done in the new year. take a listen. >> we have a number of republicans who have stated publicly, including the senator from nevada, elder senator from nevada, a republican that will support an extension of unemployment benefits unpaid for. so i'm anxious to move forward on this. that will be our first item of business. of course we'll try to make it retroactive for days that we lose. >> so, jared, that's the plan. but is it realistic? >> i think it may well be. now, we're not talking about the year
the debt ceiling. right back into it. look, you covered the government shutdown. you know as well as anyone what damage that did to conservatives or the republican brand. hard to imagine they'd get back into that with a big debt ceiling fight. on the other hand, you did have the saber-rattling so we'll have to see. >> jared, let's just talk about unemployment insurance benefits, 1.3 million americans are going to see their benefits expire. here's what harry reid has to say about this. e...